U1 to Jumi: ‘I’m Marrying Armz Instead, But Let’s Still Be Friends’

摘要

As Russia’s Atomredmetzoloto (Armz) works to complete its purchase of a 51% stake in Uranium One, Japan Uranium Management Inc. (Jumi) announced Monday that it is giving up on its quest to buy 20% of the Canadian junior. Meanwhile, Uranium One announced its second-quarter results, posting a big production increase and a $9.7 million loss.